Indian stock market, March 15 -- The Indian stock market remained under heavy selling pressure for the third straight session on Friday, March 13, with benchmark indices the BSE Sensex and Nifty 50 declining about 2% each.

The Sensex fell 1,471 points, or 1.93%, to close at 74,563.92, while the Nifty 50 dropped 488 points, or 2.06%, ending the day at 23,151.10. Broader markets also faced sharp losses, with the BSE Midcap 150 Index tumbling 2.61% and the BSE Smallcap 250 Index declining 2.67%.

Both the Sensex and the Nifty extended their losing streak for a third consecutive week. During the week, the Sensex plunged 4,355 points, or 5.5%, while the Nifty 50 slipped 1,300 points, or 5.3%.

The benchmark index Nifty 50 continued its bearis...